One of the most overlooked and under-appreciated aspect of starting a business with other people is the human relationship aspect of the activity. Like any human relationship, there is tension, disagreement, and sometimes the need to go in a different direction. Attorneys at Foundry Legal recognize the human element in all business relationships and provide effective and creative solutions to solve disputes between founders.
If there is simply a disagreement, we are skilled at working with the group to craft a solution that allows the business to move forward. However, if a breakup is inevitable, we can help move the group toward a negotiated exit without resorting to costly litigation.
Some of the legal issues you may encounter in the context of a business breakup are:
Buyout negotiation and settlement
Structuring of partner or shareholder purchase agreements
Intellectual property assignment or transfer issues
Responding to or initiating pre-litigation settlement demands